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FOX Business
Nov 25, 2012 2:00am EST
stamps. is this the new american dream. welcome to forbes on fox we'll go to mr. steve forbes elizabeth and rick and mike. steve, is this the america you know and love? >> no, david, it is not just immigrants of the country. people here now they are trying to mke dependent on the government. that means more votes for them and you center the hidous cartoon. birth to death. corrupting us and the immigrants and got to stop it >> rick, it is it a land of opportunity and hand outs. >> no one is handing it out. >> yes, they are. nit is just information that is available. same example -- information that shows up. anybody here in the table mitt romney, his father when he came here from mexico. he got that exact kind of government aid and he turned out to be predent of one of the nation's biggest autocompanis and became governor of the state of the michigan. >> my dear friend rick unger has to be brought up to date. he didn't get them. it is supplement security income and that is it free money from the government. this is in addition to medicaid and to food stamps it is a $1,000 a month you get
FOX Business
Nov 25, 2012 8:00am EST
, tobin smith, jonas max ferris along with jim la camp and steve murphy, welcome to everybody. jim, growing union clashes with job creators, growing concerns about jobs? >> absolutely. look, every time you make it harder for an employer to hire somebody they're going to hire less people. we're already seeing it in the jobs numbers. look, obamacare has already cost a tremendous amount of jobs and since the president was reelected and it became apparent that obamacare was coming back in, we've seen the layoffs accelerate and now the unions are trying to kick businesses at a time when bunesses are hting and at a time when they're uncertain about labor costs and this is going to take full-time jobs to part-time jobs, and it's going to mean the closing of plants, and factories and already met one right here, with the hostess twinky factory. >> tobin that was 18,000 jobs, just forget about it, you look at the auto workers, the steel industry, airlines, you go down the list and unions fits for pensions and benefits, not just pay, have really taken down a lot of companies. >> well, they ha
FOX Business
Nov 23, 2012 11:00am EST
parsons will answer that. how crazy are the prices that you are seeing? >> how about steve martin crazy. wild and crazy. here is the whole thing. we are going to see some super high airfares. much higher than thanksgiving for christmas. if you are going between now and there is a notice between the 18th of december and then around january 7 through the eighth, up until about march 16, that is when you will get crazy deals. dallas, fort worth, where i live to boston, philadelphia and new york city, nonstop, $139. that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale, those are the three that i would look at. after january 7, again. and then in europe.
FOX Business
Nov 21, 2012 11:00am EST
. an unacceptable rate. what if they held congress to the same standard? connell: steve cohen, one of the big names. he is now at the center of an insider trading case. charlie gasparino has been doing some reporting on that. he will be here to give us the very latest. first, let's look at oil. ♪ connell: markets now. heading back to nicole petallides. we do it every 15 minutes. nicole: take a look at zales. they come out with a loss that is worse than expected. the stock is getting pummeled today after the numbers that are coming out. they did not meet the expectations. citigroup, interestingly enough, are talking about the fact that they are still bullish on the company. they say they have inventory on hand for sale. their sales trend growth looks good. citigroup is out there and being very bullish. this stock is down 30%. back to you. dagen: thank you. save the twinkie. well, not quite. hostess and federal court right now moving forward with its plans to completely shut down. this will cost within 18,000 jobs after a mediation session failed to resolve any contract disputes. the u.s. bankruptc
FOX Business
Nov 28, 2012 3:00pm EST
. it was a little vincent price h priceish. charlie: we try not to make fun of steve cohen but it is a possibility. it is a possibility -- here is the thing. you have to go back to a 2011 lawsuit by fairfax financial who sued steve cohen saying they would emulating the stock a fairfax. the case is still open but he has been dropped from the case, steve cohen had to give a deposition, fascinating reading. i have read it. one of the more interesting quotes we should put on full screen because it is interesting about what he said. this is what the attorney -- your understanding of the rule is there are times when you are permitted to trade on the basis of material nonpublic information, i can't give you a yes or no answer. liz: hard enough not to perjure himself. charlie: sec capital announced in the conference call the sec staff filed a wells notice recommending charges against sec over insider trading and compliance with what i can tell you government investigators believe and fairfax financial believed because there ii other stuff that steve cohen does not have compliance systems in place to basic
FOX Business
Nov 23, 2012 12:00pm EST
. cheryl: interest and other fed in bringing charges against steve cohen. it appears even though he hasn't been convicted or charged with insider trading or anything some investigators are likening him to the head of an organized-crime family. senior correspondent charlie gasparino have a latest. charlie: i am not likening him to that. as i have set i think insider-trading is a victimless crime. although you do go to jail for a long time if you trade on material nonpublic information. the feds believe there's a lot of that stuff going down at sec capital. fox business has learned they are investigating steve cohen and have been for many years and we were first report that in 2007 they tapped the phone and got a court order to tap the phone in his home where he conducts his business. lot of interest in him. the interest is so high, they really do believe this is a problematic firm, and news sources close to government investigators and the fbi has an organizational chart of sec capital, it looks just like one of those mob charts. we are getting this from senior people close to the investi
FOX Business
Nov 27, 2012 11:00am EST
send the entire world economy into a recession. steve moore is here, senior economics writer at the "wall street journal." he joins us now from washington, d.c. will they prevent it, steve? >> the good news is, no one should ever listen to what they say. but, you know, these go sheesh and keep rolling on. my sources on capitol hill say that there is still a lot of gridlock there. the main thing, in my opinion, can they reach a deal on these taxes that does not require all of the requirements of business to go up? dagen: do think that happened, because again, there are so many taxes that we need to worry about, the lawmakers never fixed it for 2012. if they do not fix that, it will hit 33 million americans. the payroll tax cut. will that go away, because, again, it was temporary ones, temporary twice and it will still be a higher tax. >> im so glad you brought up the amt. nobody has really been focusing on this. that would be bigger than even extending the bush tax cuts. you are talking about $2 trillion in additional taxes on americans over the next decade if we do not fix th
FOX Business
Nov 27, 2012 3:00pm EST
it makes. the former stryker ceo is joining me now in a fox business exclusive, steve mcmillan. the numbers were staggering i thought, 90,000 people die after they go in for one thing in a hospital and get some type of weird infection in the hospital. >> that's exactly right, liz. with staph, mrsa, all these things, we're effectively having a plane crash in this country, if you think about it. liz: all kinds of weird stuff? >> all kinds of various infections. people are getting concerned about going in for surgery because almost everybody knows a family member, a friend who has come out of the hospital and gotten sick afterwards. and we can now stop this. liz: david darst is leaving the set and he said a famous market participant in new york here, same thing, he got a hospital infection and died. >> and they are now preventable. we really think we have got the product that can help eliminate this. the huntsman cancer center put it into their toughest unit they had in the hospital. liz: that was your test hospital? >> they put it in their bone marrow transplant unit. they decided let's put t
FOX Business
Nov 23, 2012 9:20am EST
in the marketplace. microsoft is doing something interesting. the question which i asked steve ballmer have sales been he would not give specific numbers but said they have been modest and is one of those devices you have to play with. dave: it is not so much the device itself. the device is important but the windows application. >> one of my friends wrote a great piece talking about you are not buying hardware that much anymore. apple makes the most beautiful hardware and spend a lot of time on design. it is this offer you're buying into now. do you want to buy into the windows experience? they you have a lot of stuff you need to do on office and xl? xl is a must for business. all businesses operate on xl spread sheet. if you need you need windows. dave: let's cut to the case with the software is which allows you to touch the screen which is something you use to not be able to do. >> i'm a little confused by what microsoft has been trying to do. you can touch the screen. that is great but when you decide to go to the keyboard or use a mouse it feels on. when you are using the touch experience it
FOX Business
Nov 28, 2012 12:00am EST
news's steve harrigan is live in the cairo with the latest. what is happening there? >> these protests have been going on for five days and they have been getting stronger each day. this is the largest rally we've seen. perhaps as many as 100,000 people packing into tahrir square behind me. really a mix of people from different political parties. they're really united by one thing. anger over the move i about the president really to give him the power to issue any decree and make himself above the law beyond the reach of egypt's courts. throughout the day we saw street battles between protesters, especially younger protesters on sde streets battling with police. tear gas back and forth. rocks back and forth. police sometimes picking up rocks throwing at protesters. a total of four people have been killed so far in the protests. we're waiting a watching to see what the people who support president morsi, the muslim brotherhood will do. they had a major march today. they canceled it. they are concerned having th groups on the street at the same time could prove more violent than what we'
FOX Business
Nov 28, 2012 5:00pm EST
work in protest. demonstrators continued to clash with police near tahrir square. fox news's steve harrigan filed this report from cairo. >> melissa, protesters out in force again for the sixth night in a row but numbers are down from what we saw last night when as many as 200,000 people were in tahrir square protesting moves by egypt's president mohammed morsi and many calling for his downfall. the protests were reminiscent of those that helped to fall hosni mubarak two years ago. a couple differences to keep in mind. this president was democratically elected by 52% of the vote. so hh does have some legitimacy. he still has some popular support. we're likely to see the muslim brotherhood come out in force on saturday. we haven't seen them come out and test his popular appeal. the president has not made any moves towards compromise. he appears to be just waiting it out hoping these demonstrators will go home. on the other side opposition leaders say they won't talk to the president, no negotiation until he has a total backdown. they want him to completely withdraw his decree before
FOX Business
Nov 28, 2012 9:20am EST
've got bill gates and steve ballmer face share moerld questions at microsoft's annual meeting today. below $27 a share, i'd love to ask a question. better than expected outlook for the apparel retailer and better than expected green mountain coffee, that thing is up. 22% the gain. 57 down for the dow. it's another sign that housing could be bouncing back. sales of luxury homes rising, but price down. and two luxly houses were sold after they were significantly marked down. ♪ >> let's go fast through this. the dow jones industrial average is down 57 points. more importantly, the price of oil is sharply lower. down a buck 38, $85 a barrel and more importantly, the your morning gold report way down, and buy the gold coins for christmas, on. sales of homes, people look for good investments and also, many of the expensive homes are much cheaper than they used to be. and joining us, she's going to show us two homes, and welcome back. i've got to start with the first house in phoenix, sold, i believe, in july of this year, 960,000 bucks way down from the michigan price, tell me. >> yes,
FOX Business
Nov 20, 2012 7:00pm EST
news , as steve bannon. how list by bart.com doing? >> excellent. we launched a new site right before andrew passed away with technology and new content almost 80,000 page views per month. we put content up everyday and these guys are on fire. lou: ben bernanke talking about a new normal that we would have a stubborn loss of skills, high unemployment , the zero growth, what is your reaction? >> they say this is the bernanke's side. look at chris or dirty but other money managers talk about historical growth rates of 4% that are baked into the obama budget are of the past. talk about the demographic wall, the low birthrate we will be less than 1% growth look at the economic crisis on top of a fiscal crisis. lou: the idea this country can sustain zero growth, high unemployment, it is not in our national day -- dna. i set my hat to whether bernanke or whoever that is not the way this country works. i guess it's a little angry. >> the birthrate 2011 is the lowest in history. corporations are sitting on $1 trillion in cash. the signals are out there by the people's decision that don't have
FOX Business
Nov 21, 2012 4:00pm EST
announcer ] this is steve. he loves risk. but whether he's climbineverest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sens from td ameritrade. david: shares of arena pharmaceutical getting a boost today. let's go back to nicole on the floor of the nyse. tell us about it, nicole. nicole: this is all about diet pills and the whole theory if you're not part of the solution, you're part of the problem. what we are seeing is the stock is higher today, it would affect provide coverage for these two companies. both of these companies make popular diet pills. approved in june by u.s. health regulators, the first to gain approval in 13 years. this is some interesting news. doing well, that she has held on quite nicely. david: thank you, nicole. happy thanksgiving. lauren: s&p futures closing right n
FOX Business
Nov 22, 2012 9:00am EST
those companies. our next guest author of the big squeeze, and also steve didn't comment most cause problems? >> experts say many internships cause problems the labor department has ruled. john: they have never been enforced. >> and neither is the obama administration. >> nobody raised their hand. that it has to be to the sole benefit of the intern not the immediate benefit of the employer. aside from dell law what is wrong? it is a win-win. >> in many ways. but some say it is great instead of taking on the young people. john: it would day replace the paid work? >> a few weeks ago i interviewed workplace correspondence from eight coulda college in new york and got a job at the most famous fashion house. nine a.m. through 9:00 p.m. not paid at all. weekends, sometimes she got their lunch. john: she can quit. >> that is true. that we believe companies should follow the rules. >> then they should lobby the labor department to chan the rule. john: you help students find internships? >> absolutely. we put them in organizations and i cann say enough the advantage is paid or unpaid day hav
FOX Business
Nov 23, 2012 10:00pm EST
it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new revenues. he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable
FOX Business
Nov 21, 2012 1:00pm EST
will be right back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with peop he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. melissa: sap capital says the hedge fund and founder acted properly in the cooperations with the government in the $276 million insider trading case, the largest ever taken on by the security and exchange commission. fox business senior correspondent charlie gasparino here with exquisite insight into how he runs his $14 billion hedge fund. >> that is the largest amount of alleged ill-gotten gains received from insider trades. this is a lot of money. i have never heard of them safely made a quarter of a billion dollars insider trades. i keep forgetting the guys name. what is interesting about this, he is not named directly but
FOX Business
Nov 27, 2012 1:00pm EST
described this as 13 -- routine. that is true but the heat is turned up on sac and steve cohen himself. lori: he has to be preparing >> this is due. he has not been charge. sac has not been charged. with the indictment on matthew the% that he shared the information with, it is clear irritation not clear if he said inside deprivation by sharing itself was steve cohen. as we first reported they tapped his phone and have been going after him four years. they have about seven people around him and it is very decentralized it is known as the hub and spoke other managers go to him with their best ideas a. the notion is to they bombard him with those ideas? to say i have the legal tip. this is a big band. his money is in this but this fund will see the final run. let's just say the fed cannot get anything on him with a don't ask don't tell operation. the government as ways to shutdown if they think you're not compliant or if you ignore compliance or ignore it if they go activity. -- illegal activity. senior government officials say he is problematic. i think insider trading is a victimless crime th
FOX Business
Nov 22, 2012 1:00pm EST
people living in rich places like steve jobs or archimedes in ancient greece or leonardo, these are not people driven by desperation written by worry. i think it is the pessimist who are the complacent ones these days. this is as good as it can get, technologies, better be carefulr of genetically modified food iny case they are worse than the existing techhology. i think the world is great. john: thank you. coming up, who wants to go into space? you? my next guest says soon we can all be able to go there. [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision o
FOX Business
Nov 23, 2012 10:00am EST
, grandma! [ male announcer ] humana. ♪ david: might be the biggest trading case of all time as steve cohen is investigated in connection with a $2.76 billion trading scheme. joining us is a former investment banker, carroll ross. talk about insider trading in general. people wonder, depends on the prosecutor, what inside trading is. do you know, can you define clearly for me who insider trading is? >> sure, dave, i'll go ahead. it's anything where there is a trade on material non-public information so information that the general public wouldn't have access to. david: let me stop you right there then. if that's so, what about a warren buffet say? %-money for the economy, but ges a private meeting with tim geithner in the height of the financial crisis and tim tells him stuff about goldman sachs. he makes a $2 billion profit. could that not be considered, from your definition, to be insider trading? >> i think that's the crux of the issue. it's very difficult to decide what's proprietary research and non-public information. i'm not sure that insider trading and having the information is a b
FOX Business
Nov 23, 2012 3:00pm EST
easy chair? i can relate to that. we ask on gerri willis.com, 90% said a story, 81% said online. steve wright's the reality is we no longer depend on true american patriots to overcome the masses of those who will want to hand out. in the next four years will get worse. unless some unexpected event changes the direction of a country may god help us. we end on a light note. an audition tape made by the beetles that was rejected by record producer will go up for auction next week. will probably go down as one of the biggest blunders in business history. the record executive decided against signing the beatles because he is widely reported to have said these groups are on
FOX Business
Nov 24, 2012 10:00am EST
talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest here tonight, and, as suggested in other forums as well, but the idea that this president an boehner are coming together to have at least a civil discourse over what in the world we're going to do about the fiscal cliff, six weeks remain, are you any more hopeful as a result of the tone they've taken on the first day of discussion? >> well, i wasn't hopeful with the president's tone, when he said -- >> are you being partisan here? >> i'm not being partisan, i am being objective, when i say that the president proposed $1.6 tril
FOX Business
Nov 26, 2012 4:00pm EST
will join us to tell us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the marke he goes with people he trusts which is why he trades with company that doesn't nickel and dime him with hidden fees. so he can worry about other things like what the market is doing and being ready no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. liz: we have some breaking news on that website many of you might have jumped on, in trade, the betting website letting you bet on just about anything. >> if you're an american citizen, you have to get off the site by the end of the year. making that announcement breaking news right now as the cftc sued the ireland-based in trade and company over illegal trades wanttrade law people to get illegal trades on the price of gold and currency. you are getting this website intrade, u.s. customers must close their account and withdraw funds from the site by december 31. before the
FOX Business
Nov 28, 2012 4:00pm EST
] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reefith sharks, or jumping intohe marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other thgs, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use inomen or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acnen women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical coitions and medications. do not use if you have proate or breast cancer. serious sid
FOX Business
Nov 27, 2012 4:00pm EST
the money actually goes. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. look this isn't my first christmas. these deals all seem great at the time... but later, not so much. this isn't that kind of deal. [ male announcer ]reak from the holidaytress. save on ground shipping at fedex office. liz: here we go, it's s&p futures closing right now. larry at the cme, how does it look? >> well, it looks like it's a convictionless market. it's eerily close what happened 16 months ago. keep in mind right now people are being lulled to sleep in thinking that this fiscal cliff will get figured out, just like 16 months ago. we would never lose our credit rating, and guess what? we did. so i wo
FOX Business
Nov 26, 2012 11:00am EST
. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >> hi, everyone. i have your fox business brief. after nearly four years, mary schapiro is stepping down as chairman of the agency effective december 14. charlie gasparino first reported shapiro's up archer. president obama intends to have -- step in when shapiro steps down next month. unauthorized trading by u.s. customers. customers were allowed to trade on the future prices of commodities of other items. macgraw hill is planning to sell its education business to apollo management for $2.5 billion. that is the latest from the fox business network. giving you the power to prosper. ♪ dagen: president obama and house speaker john
FOX Business
Nov 28, 2012 11:00am EST
a difficult time drawing the line completely to him, to steve: as a culprit in these. >> my view is it is the indispensable witness. charlie: the latest portfolio manager charged in this insider trading. >> he will be indicted. he is the means to the end. he is only person who can link the knowledge that came from doctor gilman with cohen and say he knew it came from cheating. so far, a number of people at sac have been criminally prosecuted and some have pled guilty. this is the one location in which the government thinks -- charlie: because matthew thoma gave the information that was inside information to mr. cohen, not labeling it necessarily. let's just say he does not turn off as a witness, is the endgame, listen, we know this is a culture that has no compliance. we want to shut them down and here is how we are going to do it. the control person does not know what they are doing. it is a hedge fund out of control. i think the similar route is not going after mr. cohen. but revoking their brokerage license of sac capital. at that point, you probably would cause the other inve
FOX Business
Nov 28, 2012 1:00pm EST
after this. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba divi the great barrier reefith sharks, or jumping into the marke he goes witpeople he trusts which is why he tde with a company that doesn't nickel and dime him with hidden fees. socan worry about other things, like what the market is doing andeing ready, no matter what happens, which isn't rocket scice. it's just common sense, from td ameritrade. >> i'm adam shapiro with the dow reversed its triple digit fall and went positive following optimistic comments from both president obama and house speaker john boehner. on the fiscal cliff negotiations. >>> allstate says superstorm sandy will cost it more than one billion dollars. the insurance company says 2/3 of the losses are in new york state, with the rest in new jersey and other states. sandy is expected to be the second most expensive disaster in u.s. history behind hurricane katrina. allstate is the largest publicly-traded home and auto insurer in the united states. >>> your holiday travel plans will cost you more this year. travel
Search Results 0 to 42 of about 43 (some duplicates have been removed)